Industry rumors indicate that up to half of Data.ai’s 400-person workforce may have been let go following its acquisition by Sensor Tower, potentially around 200 departures.
LinkedIn posts from former Data.ai employees reveal that the layoffs have affected various departments, including Sales, Account Management, Product Development, and more.
Sensor Tower acknowledged a “workforce reduction” but declined to disclose the exact number of affected employees. However, they assured that the existing senior leadership would remain intact to oversee the combined entity.
The Details are Unrevealed on the Acquisition of Data.ai
It’s been just 3 days after Sensor Tower Acquired Rival Data.ai. The surprise acquisition was officially announced on March 18th, marking the conclusion of years of intense rivalry in the data provision sector.
While the specific terms of the deal remained undisclosed, the combined entity now boasts a client base exceeding 2,000 companies relying on its market data offerings.
Source: mobilegamer.biz
